Newer 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. These are high-end, luxury rentals with a modern design that features many upgrades, including stainless appliance package, durable LVP flooring, and granite counters throughout. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential. Rents range from $2100 to $2550 a month, average is $2275. Gross monthly rents are $16,190.
Pending
Price cut: $7K (5/12)
$2,288,000
701 S Felts Rd, Spokane, WA 99206
21beds
14baths
10,185sqft
MultiFamily
Built in 2023
-- sqft lot
$2,156,400 Zestimate®
$225/sqft
$-- HOA
What's special
Modern designHigh-end luxury unitsGranite counters throughoutThree additional detached garagesDurable lvp flooringStainless appliance package
- 142 days |
- 172 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Seth Maefsky 509-922-7355,
Keller Williams Realty Coeur d
Source: SMLS as distributed by MLS GRID,MLS#: 202611078
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 14
Primary bedroom
- Description: Wlkin Clst,Full Bath,Dbl Sinks,2nd Flr
Dining room
- Description: Informal,Eat Bar
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
Features
- Hard Surface Counters
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 10,185
- Total interior livable area: 10,185 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached, Garage Door Opener, Off Site
- Garage spaces: 10
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced Yard
Lot
- Size: 0.66 Acres
- Features: Sprinkler - Automatic, Level
Details
- Parcel number: 45201.1326
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
Materials
- Masonite, Fiber Cement
- Roof: Composition
Condition
- Year built: 2023
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $225/sqft
- Date on market: 1/20/2026
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
$2,156,400
$2.05M - $2.26M
$1,533/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/25/2026 | Pending sale | $2,288,000$225/sqft |
Source:  SMLS as distributed by MLS GRID #202611078 Report a problem | ||
| 5/12/2026 | Price change | $2,288,000-0.3%$225/sqft |
Source: SMLS as distributed by MLS GRID #202611078 Report a problem | ||
| 1/20/2026 | Listed for sale | $2,295,000+0.2%$225/sqft |
Source: SMLS as distributed by MLS GRID #202611078 Report a problem | ||
| 12/2/2025 | Listing removed | $2,291,000$225/sqft |
Source: SMLS as distributed by MLS GRID #202424671 Report a problem | ||
| 3/7/2025 | Price change | $2,291,000-4.5%$225/sqft |
Source: SMLS as distributed by MLS GRID #202424671 Report a problem | ||
| 2/10/2025 | Price change | $2,399,900-3.8%$236/sqft |
Source: SMLS as distributed by MLS GRID #202424671 Report a problem | ||
| 1/13/2025 | Price change | $2,495,000-3.9%$245/sqft |
Source: SMLS as distributed by MLS GRID #202424671 Report a problem | ||
| 10/22/2024 | Listed for sale | $2,595,000+826.8%$255/sqft |
Source: SMLS as distributed by MLS GRID #202424671 Report a problem | ||
| 9/10/2024 | Listing removed | $2,195 |
Source: Zillow Rentals Report a problem | ||
| 8/3/2024 | Listed for rent | $2,195 |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/12/2024 | Listed for rent | $2,195 |
Source: Zillow Rentals Report a problem | ||
| 7/28/2021 | Sold | $280,000$27/sqft |
Source: SMLS as distributed by MLS GRID #202024818 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99206
Nearby schools
GreatSchools rating
- 4/10Opportunity Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10North Pines Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10University High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Opportunity
- Middle: North Pines
- High: University
- District: Central Valley
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Spokane County
- Spokane Valley
- 99206
- 701 S Felts Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Spokane Valley Topics
